Rio Sticks to Bullish China Steel Outlook After BHP Cuts

Rio Tinto will move early next year into its new Montreal headquarters - with the Alcan name missing from the building.

After “rigorous analysis,” #RioTinto, the world’s second-biggest miner,reaffirmed Chinese crude-steel output will reach about 1 billion metric tons by 2030. #BHP now forecasts production to peak in the mid-2020s at between 935 million tons and 985 million tons, down from as much as 1.1 billion tons.

Read more at:

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s